Transactions listed are from July 1, 1980 to June 30, 1981

• July 28, 1980

  Signed Kenny Higgs as a free agent.

• August 15, 1980

  Traded a 1983 1st round draft pick (Clyde Drexler was later selected) and a 1984 2nd round draft pick (Steve Colter was later selected) to the Portland Trail Blazers for T.R. Dunn and a 1983 1st round draft pick (Howard Carter was later selected).

• October 8, 1980

  Sold player rights to Bob Wilkerson to the Chicago Bulls.

• October 21, 1980

  Waived Jawann Oldham.

• October 31, 1980

  Traded Kim Hughes, a 1981 3rd round draft pick (Mickey Dillard was later selected) and a 1982 2nd round draft pick (Guy Morgan was later selected) to the Cleveland Cavaliers for Dave Robisch.

• December 3, 1980

  Traded a 1981 1st round draft pick (Rolando Blackman was later selected) and a 1985 1st round draft pick (Sam Vincent was later selected) to the Dallas Mavericks for Kiki Vandeweghe and a 1986 1st round draft pick (Maurice Martin was later selected).

• December 17, 1980

  Fired Donnie Walsh as Head Coach.

  Hired Doug Moe as Interim Head Coach.

• December 22, 1980

  Traded Carl Nicks to the Utah Jazz for Billy McKinney.

• June 9, 1981

  Drafted Ken Green in the 2nd round (34th pick) of the 1981 NBA Draft.

  Drafted Willie Sims in the 5th round (101st pick) of the 1981 NBA Draft.

  Drafted Alonzo Weatherly in the 6th round (124th pick) of the 1981 NBA Draft.

  Drafted Greg Manning in the 7th round (147th pick) of the 1981 NBA Draft.

  Drafted Curtis Redding in the 8th round (169th pick) of the 1981 NBA Draft.

  Drafted Andrew Burton in the 9th round (191st pick) of the 1981 NBA Draft.

  Drafted Derrick Rowland in the 10th round (211th pick) of the 1981 NBA Draft.